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100% OCCUPIED OFFICE INVESTMENT 1515-1527 E Lark St 13,101 SF 100% Leased Office Building Springfield, MO 65804 $2,100,000 ($160.29/SF) 7.01% Cap Rate
Investment Highlights
- Price Per Foot: $158.33/SF
- Year Built: 1998
- Cap Rate: 7.01%
Executive Summary
PROPERTY DESCRIPTION
Thank you for viewing this prime opportunity to own this 100% leased office
investment now available for sale in south Springfield located at 1517-1727 E Lark
Street. This turn-key property features a total of 13,263 SF with two tenants, each
on a longer term, NNN lease. For additional information, please contact the listing
agent. Thank you!
LOCATION DESCRIPTION
Near the corner of S Fremont Ave and E Republic Road in South Springfield,
Missouri. Neighboring retailers include Blue Iguana Car Wash, Harter House, Toth
and Associates, Architect Coffee Co, Corner 21 Chinese, Propel Fitness, Sonic
Drive-In, Vogue Cleaners, Cox Hospital, Twin Oaks Country Club, and more.
Thank you for viewing this prime opportunity to own this 100% leased office
investment now available for sale in south Springfield located at 1517-1727 E Lark
Street. This turn-key property features a total of 13,263 SF with two tenants, each
on a longer term, NNN lease. For additional information, please contact the listing
agent. Thank you!
LOCATION DESCRIPTION
Near the corner of S Fremont Ave and E Republic Road in South Springfield,
Missouri. Neighboring retailers include Blue Iguana Car Wash, Harter House, Toth
and Associates, Architect Coffee Co, Corner 21 Chinese, Propel Fitness, Sonic
Drive-In, Vogue Cleaners, Cox Hospital, Twin Oaks Country Club, and more.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
13,101 SF
Building Class
C
Year Built
1998
Price
$2,100,000
Price Per SF
$160.29
Cap Rate
7.01%
NOI
$147,210
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,442 SF
Building FAR
0.32
Lot Size
0.95 AC
Zoning
HC - Highway Commercial
Parking
37 Spaces (1.77 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 19-18-102-010 | Improvements Assessment | $572,100 |
| Land Assessment | $214,300 | Total Assessment | $786,400 |
Property Taxes
Parcel Number
19-18-102-010
Land Assessment
$214,300
Improvements Assessment
$572,100
Total Assessment
$786,400
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Videos
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Photos
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Map
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Contact the Sale Advisor
100% OCCUPIED OFFICE INVESTMENT | 1515-1527 E Lark St